05:00 PM EDT, 06/02/2025 (MT Newswires) -- OR Royalties ( OR ) (OR.TO, OR) after close of trade Monday provided asset updates on its Nevada, Mexico and British Columbia mining properties.

On May 19, Osisko Bermuda Limited (OBL), a subsidiary of OR Royalties ( OR ), completed the acquisition of a silver stream from a fund managed by Orion Resource Partners (USA) LP with reference to production from Orla Mining ( ORLA ) ) South Railroad project and Jasperiod Wash deposit located in Elko County, Nev.

OBL will purchase refined silver equal to 100% of the recovered silver produced from the project for the life of mine at a price equal to 15% of the prevailing market price of silver. OBL paid Orion $13 million on closing representing the total consideration for the purchase of the Silver Stream.

In other investment updates: Solidus announced the receipt of a Letter of Interest from the Export-Import Bank of the United States (EXIM) regarding the potential financing of up to $835 million for the Spring Valley Project.

In late April 2025, Osisko Development Corp. announced the results of a positive Optimized Feasibility Study (OFS) for its Cariboo gold project, located in central British Columbia.

The OFS outlined a 10-year LOM averaging approximately 190koz Au per year, with 202koz Au expected per year over the first five years, with production estimates are based on an average LOM gold recovery rate of 92.6%.

"Today's update further demonstrates the embedded material optionality within OR Royalties' ( OR ) robust asset portfolio," said chief executive Jason Attew.